Egypt and Pakistan have jointly endorsed the recently finalized understanding between the United States and Iran, signaling a broadening diplomatic consensus on the deal that ended two months of heightened regional tension.

Egyptian Foreign Minister Badr Abdelatty praised Pakistan’s mediation efforts, which were conducted in coordination with regional partners, as a critical step toward sustained de-escalation in the Middle East.

The diplomatic alignment comes as markets continue to digest the implications of the agreement, which was confirmed by Pakistani Prime Minister Shehbaz Sharif earlier this week.

With major regional powers now publicly supporting the framework, the immediate risk of renewed conflict has receded, allowing investors to reassess exposure to geopolitical shocks.

The consensus reduces the likelihood of supply disruptions in key shipping lanes, a primary driver of recent volatility in energy and freight markets.

This development marks a shift from the uncertainty that characterized the previous weeks, during which fears of escalation drove risk premiums higher across commodities and equities.